CMF Newslinks Archive

“Multifamily mortgage borrowing and lending set a new record in 2015. Demand for mortgages was driven by strong property fundamentals, increasing property values, a robust transaction market and low interest rates.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“For the second straight quarter, the two retail subtypes see-sawed in opposite directions.”
–Reis Economist Barbara Byrne Denham.

“[Commercial real estate] environmental performance considerations are becoming more widely established across global markets, but the pace of progress in creating new tools and regulations is slow.”–JLL Head of Global Sustainability Research Franz Jenowein.

“The commercial real estate space still shows a healthy upward pricing pattern, though the market has been unable to keep up with the trends we reported in August, when we saw increases across all five property segments.”
–Chris Muoio, Senior Quantitative Strategist with Ten-X, Irvine, Calif.

“The commercial mortgage-backed securities market is seeing far more loans paying off and paying down than new loans being originated.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“The pause in the upward momentum of the [commercial mortgage-backed securities] delinquency rate is a positive sign for investors.”
–Manus Clancy, Senior Managing Director with Trepp, New York.

“Portland’s [Ore.] fundamentals are strong and while we’re starting to see pricing and rents rise, the yields look good on a relative basis and investors believe the market will see more growth compared to other West Coast cities. Historically, Portland is a less actively traded market and investors are vetting how they can gain exposure. Plus it has the cool factor–at the end of the day, businesses and people want to be here.” –JLL Senior Vice President Paige Morgan.

“For most capital sources, commercial and multifamily mortgage delinquency rates are near the lowest levels seen during the past 20 years. Strong property fundamentals, rising property values and solid mortgage availability are all supporting these rates.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“We anticipate that favorable leasing fundamentals for the office sector will be ongoing through year-end 2016, and although select markets may experience some delay in office lease executions until after the [presidential] election is decided, this situation should have minimal impact on market conditions into 2017.”
–Avison Young President of U.S. Operations Earl Webb.

“The death of the suburbs is greatly exaggerated. Despite what we often hear, more people across all age cohorts–including millennials–are still migrating out of cities and to the suburbs.”
–Darin Mellott, director of research & analysis with CBRE.